Ethereum

2024

Read

<p class="is-style-lead">In a recent blog post, Ethereum co-founder Vitalik Buterin explores the integration of artificial intelligence in cryptocurrency, examining potential uses and cautioning about associated risks.</p> 
<p>Buterin considers AI as an actor within blockchain protocols and <a href="https://vitalik.eth.limo/general/2024/01/30/cryptoai.html" data-type="link" data-id="https://vitalik.eth.limo/general/2024/01/30/cryptoai.html" target="_blank" rel="noopener">views</a> this as the most viable application, enabling mechanisms to operate on a more detailed micro-scale. Integrating AI actors maintains the existing design of the underlying mechanism, making it a promising and relatively straightforward approach.</p> 
<p>Using AI as an interface to protocols is seen as having high potential; however, <a href="https://crypto.news/tag/vitalik-buterin/" data-type="link" data-id="https://crypto.news/tag/vitalik-buterin/">Buterin</a> cautions that this application carries certain risks. The interface role of AI in this context is not fully elaborated, but the implications suggest a complex interaction between users and blockchain technology.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">The promise and challenges of crypto + AI applications:<a href="https://t.co/ds9mLnshLU" target="_blank">https://t.co/ds9mLnshLU</a></p>— vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1752291413503729751?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">January 30, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p> You might also like: <a href="https://crypto.news/analyst-projects-ethereum-potentially-to-2k-amid-market-consolidation/"> Analyst projects Ethereum potentially to $2k amid market consolidation </a> </p> 
<p>The third aspect involves AI being the rules themselves in blockchain systems. This approach appears to be more challenging due to the intricate nature of embedding AI directly into blockchain networks’ governance or operational rules.</p> 
<p>Buterin also examines the concept of AI as an end objective within cryptocurrency. He acknowledges the promise of such applications, particularly in enhancing AI safety and avoiding <a href="https://crypto.news/centralization-will-kill-web3-before-it-reaches-its-full-potential-opinion/" data-type="link" data-id="https://crypto.news/centralization-will-kill-web3-before-it-reaches-its-full-potential-opinion/">centralization</a> issues prevalent in mainstream approaches. However, he also warns of the potential pitfalls and the necessity of cautious implementation, especially in high-value and high-risk scenarios.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> <iframe title="The Future of Crypto with Vitalik Buterin" width="1020" height="574" src="https://www.youtube.com/embed/hmU11bYD90o?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
 </div>
</figure> 
<p> Read more: <a href="https://crypto.news/vitalik-buterin-reveals-six-focuses-ethereum-2024/"> Vitalik Buterin reveals 6 main focuses for Ethereum in 2024 </a> </p>

Vitalik Buterin highlights opportunities and risks in merging crypto, AI

crypto.news

Other articles published on Jan 30, 2024

AAVE Price Prediction: Does AAVE Anticipate a Fall Below $85?

Proactive Measures by Floki Inu Team Amid Regulatory Scrutiny

Gate.io Copy Trading is Here to Stabilize Your Returns in a Volatile Market!

TD Cowen Sees Slim Chances for Spot Ethereum ETF in 2024

Litecoin (LTC) Price Rebounds from 600-Day Support: A Bullish Signal?

Shiba Inu: How High Can SHIB Go If It Captures 5% Market Cap?

Join our free newsletter for daily crypto updates!